>>7897749 p, >>7897754 p WORLD ECONOMY WOULD COLLAPSE IF BANKS STOPPED LAUNDERING MONEY
insofar as the practice of money laundering is to circumvent regulation -- which all economic activity would seek to do -- it stands to reason that there is probably a black money market that is at least as vital and multiples the size of the regulated financial system.
Overregulation always results in the creation of "black" markets.
Of course, obama's take on it -- pallets of cash on a runway for all to see -- was necessarily as crude as obama himself.